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sellWeak cluster of 210b5-1 plan

W Keith Smith sold $17k of DRCT

President at Direct Digital Holdings, Inc.. 32,750 shares at an average of $0.53, traded Jul 24, 2025, filed Jul 28, 2025.

Warning score
28
Value
$17k
32,750 shares
Holdings after
28,300
-54% from before
From 52-week low
+20%
low $99.22, close $119.02
From 52-week high
-90%
high $1,210.00, as of Jul 24, 2025

Score components

  • Role
    President
    +20
  • Trade size
    $17k at market
    0
  • Share of holdings sold
    Sold 54% of holdings
    +20
  • Cluster
    2 insiders selling within 14 days
    +8
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

DRCTOct 9, 2026 · close 0.41
Since filing Jul 28, 2025: -99.7%SPY +23.9% · excess -123.6%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001628280-25-036228, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Jul 24, 2025SOpen-market sale
Class A Common Stock, par value $0.001 per shareindirect: By SKW Financial LLC10b5-1
-15,800$0.53$8,37445,250Jul 28, 2025
Jul 25, 2025SOpen-market sale
Class A Common Stock, par value $0.001 per shareindirect: By SKW Financial LLC10b5-1
-8,900$0.53$4,71736,350Jul 28, 2025
Jul 28, 2025SOpen-market sale
Class A Common Stock, par value $0.001 per shareindirect: By SKW Financial LLC10b5-1
-8,050$0.54$4,34728,300Jul 28, 2025

Related signals

Other insiders at Direct Digital Holdings, Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
30Weak
DRCTsell
Direct Digital Holdings, Inc.
Mark D Walker
Chairman and CEO
$4,316
2,136 shares
-21%
5Weak
DRCTsell
Direct Digital Holdings, Inc.
Richard Cohen
director
$298
101 shares
-18%
44Moderate
DRCTsell 2
Direct Digital Holdings, Inc.
W Keith Smith
President
$47k
171,242 shares
-27%
60Notable
DRCTsell 2
Direct Digital Holdings, Inc.
Mark D Walker
Chairman and CEO
$62k
272,500 shares
-100%
50Moderate
DRCTsell
Direct Digital Holdings, Inc.
Mark D Walker
Chairman and CEO
$28k
69,682 shares
-312%
23Weak
DRCTsell 210b5-1
Direct Digital Holdings, Inc.
Mark D Walker
Chairman and CEO
$19k
37,772 shares
-44%
18Weak
DRCTsell 210b5-1
Direct Digital Holdings, Inc.
W Keith Smith
President
$23k
44,242 shares
-42%
23Weak
DRCTsell 210b5-1
Direct Digital Holdings, Inc.
W Keith Smith
President
$27k
51,132 shares
-33%
28Weak
DRCTsell 210b5-1
Direct Digital Holdings, Inc.
Mark D Walker
Chairman and CEO
$26k
50,695 shares
-37%
13Weak
DRCTsell 210b5-1
Direct Digital Holdings, Inc.
W Keith Smith
President
$16k
28,576 shares
-15%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

W Keith Smith sold $17k of DRCT | InsiderTell